For BMW AG, striking compelling deals for the long term supply of cobalt in a market where there is a growing shortage of the most important material for battery production for electric vehicles, is crucial as the German auto maker believes that by the middle of the next decade, its need for cobalt and lithium…
According to a new study, large tremors could be triggered in the near future because of fracking. Fracking is the technological process that is applied in the oil and natural gas industry for production where hydraulic fracturing or small earthquakes are created through artificial means to bring out oil and natural gags from the Earth.…
Cryptocurrencies are being unwittingly mined by the users of four popular video sites every month. According to a report on the practice of the so called cryptojacking, the number of visitors in this case is almost one billion. According to security firm Adguard, tokens for the bitcoin-like cryptocurrency Monero are being created as cryptocurrency mining…
Ford’s strategy is woven around consumer feedback and the growing demand for autonomous automated vehicles. Jim Hackett, Ford’s CEO, revealed that the firm is reviewing its product portfolio since consumers have shown a preference for SUVs which have fuel efficiencies closer to sedans. At a Ford event in Detroit, Hackett said although in the past…
The measure, as yet non-mandatory, has not had any material impact on the price of bitcoin, with cryptocurrency related shares extending their gains on Friday. On Friday, the Korea Blockchain Industry Association, a South Korean blockchain association, disclosed measures to boost transparency in trading of cryptocurrencies which have been agreed by fourteen exchanges in the…
Analysts expect Atos to come back with a better deal. Gemalto has also not closed its doors to any further deal. On Thursday, with Franco-Dutch chip maker Gemalto rejecting Atos $5 billion (4.3 billion euro) takeover bid, shares of Atos fell sharply by as much as 2.8%. On the French blue-chip CAC 40 index, early…
The move could extend Panasonic’s lead as the world’s biggest producer of lithium-ion batteries, a key component for tomorrow’s electric vehicles. On Wednesday, a joint statement by Toyota Motor Corp and Panasonic Corp said, the duo are considering a joint development of batteries for electric vehicles. The strategic move could potentially aid Panasonic maintain and…
While one location is in rural Georgia, the other is outside of the U.S., indicative of the wide scope in market opportunity. On Wednesday, in its latest push to increase its internet coverage, U.S. communications giant AT&T Inc started trials in the state of Georgia as well as in a non-U.S. location, to deliver high-speed…
The firm’s R2 Data Labs will use a wide array of tools, including AI, machine learning and analytics to push for innovation and growth across its businesses. In what is likely to be a milestone for Rolls-Royce, the firm has created a data unit, R2 Data Labs, that uses artificial intelligence, analytics and machine learning…
The advisory firm Duff & Phelps claims that amidst a global trend of a global slowdown in 2017 with respect to corporate deal making or mergers and acquisitions as reported by many studies dwelling into the aspect of tracking of mergers and acquisitions, there is one country that has proved other wise and reported such…
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